FSD Pharma Brings in World-Renowned Experts to Build Bioscience Division -- CFN Media

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[{"type":"text","content":"FSD Pharma Brings in World-Renowned Experts to Build Bioscience Division -- CFN MediaSeattle, Washington--(Newsfile Corp. - June 4, 2019) - CFN Media Group (\"CFN Media\"), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF). The company may be known for having one of the largest cultivation footprints in the world with nearly 70 acres and four million square feet, but it's equally focused on advancing the science behind both its cultivation methods and products. After its acquisition of Prismic Biosciences, the company has doubled down on developing cannabinoid-based pharmaceuticals targeting various conditions.The cannabis industry is quickly maturing from home grows and bongs to industrial-scale cultivation and innovative new product formats. At the core of this transformation, science is helping transform medical cannabis into cutting-edge pharmaceuticals and recreational cannabis into compelling alternatives to tobacco and alcohol. Companies that recognize the role of science are best positioned to succeed over the coming years.Why Scientific Advisory Boards MatterScience is playing an increasingly important role in the cannabis industry, from mapping genomes to optimizing crop yields to conducting clinical research. These research programs could lead to differentiated products with higher profit margins, improved cultivation yields that can lower costs, and pharmaceutical products that could help address unmet medical conditions and ultimately generate significant long-term shareholder value.Advisory boards have a key role in advancing these initiatives by helping companies make better strategic decisions and providing expert, non-binding advice on its projects. Unlike a board of directors, advisory boards have an informal structure and a narrow scope with no formal legal responsibilities or fiduciary duties to shareholders. They instead provide targeted expertise to fill knowledge gaps and ensure projects are headed in the right direction.In addition to providing strategic advice, advisory board members can become a helpful resource when it comes to dealmaking and partnerships. Board members may have relationships with one or more organizations within a similar industry and facilitate con...

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